Mixing the RSI With the Fisher Transform in a Trading Strategy.
Can the RSI and the Fisher Transform Provide Good Signals?
The relative strength index (RSI) is a great contrarian indicator. Similarly, the Fisher transform also can hint at possible market inflections. What if we try to combine the two together to give us a timely signal of when a reaction should occur. This means that we will use the RSI and the Fisher transform as a fused indicator that gives out contrarian…
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